View full documentView full document Previous section | Next section
House of Representatives

Income Tax Assessment Amendment Bill (No. 4) 1979

Income Tax Assessment Amendment Act (No. 4) 1979

Supplementary Explanatory Memorandum

(Circulated by authority of the Treasurer, the Hon. John Howard, M.P.)

Introductory note

This supplementary memorandum, which is to be read in conjunction with the Explanatory Memorandum previously circulated, explains amendments that are proposed to be made to the Income Tax Assessment Amendment Bill (No. 4) 1979 as introduced into the House of Representatives. The amendments take into account certain views received since introduction of the Bill, propose some technical changes found, on review, to be desirable, and omit a restricted "no-carry-forward loss" provision that will be replaced by a more general provision in the Income Tax Assessment Amendment Bill (No. 5) 1979.


View full documentView full documentBack to top